Kentucky — Mortgage Loan Company - NMLS Bond
Kentucky mortgage loan companies must post or be covered by the required security throughout licensure. Section 286.8-060 sets a $250,000 minimum for the company class.
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- Recorded state
- Kentucky
- Bond type
- Mortgage Lender / Banker Bond
- Category
- Financial services
What this bond does
Secure the company's compliance with Kentucky's mortgage licensing requirements.
- Who needs it
- Mortgage loan companies preparing Kentucky company security.
- Who it protects
- The bond is payable to the commissioner for qualifying consumer losses and specified regulatory expenses, fines, restitution and fees.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.
Sources
- Kentucky Revised Statutes 286.8-060 (opens in a new tab)Checked October 22, 2026
- NMLS: gathering electronic surety bond requirements (opens in a new tab)Checked October 22, 2026
Have these ready
- Company legal name and NMLS ID.
- Commissioner's required sum and company request.
- Start date and any existing security details.
Questions about this bond
Is $250,000 every company's final amount?
It is the statutory minimum. The commissioner prescribes the required amount for the obligation.
Is this the broker offering?
No. Kentucky mortgage broker and mortgage loan company have separate application routes.
Where does Purchase Now lead?
To Propeller in a new tab for the application. Provider review, issuance and filing remain separate from license approval.